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This appeared in yesterday's, The Wall Street Journal. Since items often can't be accessed there, I've copied the whole piece to read here:
Phones Imperil Fancy Cameras
Shipments of High-End Models Are Falling as Mobile Devices Gain in Popularity
By
Juro Osawa
Updated Nov. 7, 2013 7:41 p.m. ET
Declining sales of high-end cameras and lenses are raising an alarming question for companies like Canon Inc. and Nikon Corp: Could the proliferation of camera-enabled, app-heavy smartphones be crushing not only the simple point-and-shoot, but premium models as well?
This year, shipments of what's called "interchangeable-lens cameras"—high-end models that let users swap out different lenses—are diving suddenly after years of robust growth. Most of those are digital single-lens reflex, or DSLR, cameras—the bulky models used by professional photographers and enthusiasts.
Research firm IDC expects shipments of such cameras to fall 9.1% to 17.4 million units from 19.1 million units last year.
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Truncated by mod - if a subscription is required for access to the article, reposting the full text here is a violation of WSJ's copyright. Here is the link to the original article: